Advertiser Disclosure In our review of the industry’s best extended car warranty companies , both CarShield and Endurance ranked in our top three providers. In this head-to-head comparison, we’ll take a look at CarShield vs. Endurance by looking into coverage options, plan costs, and customer satisfaction to help you decide which provider may be the better fit for you.
In this article: When you purchase a new car, it comes with a factory warranty – a combination of various kinds of coverage backed by your car’s manufacturer. Most factory warranties include a bumper-to-bumper warrant y, a powertrain warranty, and a corrosion warranty. Some automakers include other warranty coverage as well.
A new vehicle’s factory warranty usually lasts between three years and 36,000 miles and five years and 60,000 miles, whichever comes first. Though commonly referred to as “extended warranties,” coverage plans purchased from a third-party provider are called vehicle service contracts. Like a manufacturer’s extended warranty, these service plans protect your vehicle – and wallet – from costly repairs due to mechanical breakdown.
Both dealership and aftermarket extended warranties come with a deductible, which is the amount you pay out of pocket for a covered repair. Most warranties have deductibles of $200, $100, or $0. The main difference, however, is that a third-party extended warranty can be purchased at any point during the car’s life.
If you want more targeted protection than what a manufacturer offers, you may want to consider an aftermarket warranty. Third-party warranty companies generally offer multiple levels of coverage that you can tailor to your vehicle’s needs. Vehicle service contracts from third-party providers tend to allow for more flexibility.
Some of the advantages of aftermarket warranties over manufacturer extended warranties include: Cost and flexibility are the major reasons to opt for a CarShield vehicle service contract over a manufacturer’s extended warranty. CarShield’s service plans are among the most affordable on the market, with contracts averaging between $99. 99 and $129.
99 per month. In addition, the company offers month-to-month vehicle service plans, meaning there are no coverage terms. You pay for the coverage you want until you no longer need it.
Most deductibles on CarShield plans are either $0 or $100. In our CarShield review , we gave the extended warranty company a high rating of 4. 2 out of 5.
0 stars and named it the provider with the Best Value. There are six levels of CarShield coverage to choose from, ranging from bumper-to-bumper coverage to a basic powertrain warranty. CarShield’s extended warranty plans also include the following benefits: Is CarShield legit? Yes, CarShield is a legitimate extended warranty broker that has provided vehicle service contracts for almost 20 years.
It is the most popular extended warranty provider in the auto warranty market. How much does CarShield cost on average? CarShield warranty plans generally cost between $99. 99 and $129.
99 per month. The price for your specific warranty will vary depending on a number of factors, including the make, model, and age of your vehicle. CarShield offers month-to-month plans, meaning you can cancel your coverage at any time.
What does CarShield not cover? CarShield offers six levels of coverage that each provide protection for a different set of components. You can opt for a basic powertrain plan, which won’t cover parts outside of your vehicle’s powertrain, or exclusionary coverage, which excludes only a limited number of components. Be sure to read your contract carefully so you know what is and isn’t covered under your plan.
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From: motor1
URL: https://www.motor1.com/reviews/605848/difference-between-coverage-from-carshield-and-an-extended-warranty-from-a-dealership/